It has been a rough spell for the Australian dollar, which has steadied after a four-day slide. This downswing saw AUD/USD plunge over 300 points and break below the symbolic 70 level. Market nerves weigh Read more…
“We feel very optimistic about our business momentum. And we also recognize that there is increasing macro uncertainty right now,” said CEO Safra Catz. Oracle Corp. (ORCL) – Get Oracle Corporation Report shares surged higher Tuesday Read more…
Stock futures bounce from bear market lows; Fed rate bets flip, with traders locking-in 75 basis points for Wednesday decision; oracle shares surge on Q4 earnings beat, solid cloud outlook; Twitter share bump higher as Read more…
Daily Pivots: (S1) 161.56; (P) 163.84; (R1) 165.44; More… Intraday bias in GBP/JPY remains mildly on the downside as fall from 168.67 is in progress. Sustained break of 55 day EMA (now at 161.63) will Read more…
Daily Pivots: (S1) 138.97; (P) 140.37; (R1) 141.36; More…. Intraday bias in EUR/JPY remains mildly on the downside for 55 day EMA (now at 136.98). Sustained break there will bring further decline to 132.63 support. Read more…
Daily Pivots: (S1) 0.8542; (P) 0.8568; (R1) 0.8604; More… Intraday bias in EUR/GBP remains neutral with focus on 0.8617 resistance. Firm break there will resume rise from 0.8201 medium term bottom to 0.8697 medium term Read more…
Daily Pivots: (S1) 1.4940; (P) 1.4997; (R1) 1.5087; More… Intraday bias in EUR/AUD is back on the upside as rebound from 1.4758 resumes. Further rally would be seen to retest 1.5277 resistance first. Break there Read more…
Daily Pivots: (S1) 1.0359; (P) 1.0384; (R1) 1.0406; More…. Intraday bias in EUR/CHF stays neutral as range trading continues. On the upside, decisive break of 1.0513 will resume the whole rebound from 0.9970, for 1.0610 Read more…
Germany ZEW Economic Sentiment rose from -34.3 to -28.0 in June, slightly below expectation of -27.5. Current Situation Index rose from -36.5 to -27.6, above expectation of -31.0. Eurozone ZEW Economic Sentiment rose from -29.5 Read more…
Tesla CEO was the only person in the world with a fortune valued at over $200 billion. Recession fears affect almost everyone. Even the richest man in the world, who has just left the most Read more…